The Rise of 401(k) Millionaires

The Rise of 401(k) Millionaires: How Ordinary Savers are Achieving Extraordinary Wealth Introduction The term “401(k) millionaire” may sound like an elusive goal for many,…

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Roth Contributions to SEP and SIMPLE IRAs 2024

Roth Contributions to SEP and SIMPLE IRAs: Understanding SECURE 2.0 Changes The SECURE 2.0 Act, a significant legislative update aimed at improving retirement savings options…

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Baby Boomers and RMDs

Who is a “Baby Boomer”?  It’s a person born during a period of time in which there is a marked rise in a population’s birth…

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Setting Up Your IRA-Owned LLC

An IRA-Owned LLC (also known as a Checkbook Control LLC) is a type of limited liability company (LLC) that is owned by a self-directed IRA…

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Understanding the 50-Percent Rule

The 50-Percent Rule is a critical aspect of the Internal Revenue Code (IRC) Section 4975.  This Section governs prohibited transactions involving IRAs (Individual Retirement Accounts)…

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Have You Saved Enough for Retirement?

Retirement is a significant milestone, representing the culmination of decades of hard work and planning. But a key question remains: Have you saved enough to…

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Investing in Multifamily Real Estate with Your Self-Directed...

Investing in multifamily real estate has long been a preferred strategy for building wealth due to its potential for steady cash flow, appreciation, and economies…

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Contributions vs. Profits

Contributions vs. Profits At uDirect IRA Services, we frequently receive questions about rolling over a 401(k) to a Self-Directed IRA (SDIRA) and how the profits…

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What to Do When You Miss the 60-Day...

Found an error on your bank statement?  Then do you realize that too much time has passed to have it easily corrected? You’re not alone.…

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IRS Releases Final RMD Regulations

IRS Releases Final RMD Regulations: Key Changes and Impacts On July 18, 2024, the IRS released the much-anticipated final regulations on Required Minimum Distributions (RMDs). …

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What Asset Classes Make Sense in 2024

What Asset Classes Make Sense in 2024 to Build Wealth in a Self-Directed IRA (SDIRA)? As we navigate the financial landscape of 2024, investors are…

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Combining Inherited IRAs

An Inherited IRA (Individual Retirement Account) is an account opened after the original owner passes away. The beneficiary of an inherited IRA can be anyone. …

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SDIRA Guide to Real Estate Investing

Investing in Real Estate with Self-Directed IRAs and 401(k)s: A Comprehensive Guide Real estate has long been a favored investment for those seeking tangible assets…

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Cryptocurrency In Your Self-Directed Account

Cryptocurrency Investing in a Self-Directed Retirement Account: A Guide for Savvy Investors Cryptocurrencies like Bitcoin, Ethereum, and a myriad of other digital currencies have captured…

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Sustainable and ESG Investments with a Self-Directed IRA

Investing in Sustainable and ESG Investments with a Self-Directed IRA Searching for the latest investing trends?  Sustainable and ESG (Environmental, Social, and Governance) investments have…

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Startups and Crowdfunding with a Self-Directed IRA

Investing in startups and crowdfunding platforms has gained significant traction among savvy investors looking to diversify their portfolios and support innovative ventures. With the rise…

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Solving the Private Lending Industry Challenges with Self-Directed...

Introduction The private lending industry faces significant challenges, particularly due to market fluctuations that impact lending decisions. Additionally, the pursuit of knowledge and networking opportunities…

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Prohibited Transaction Exemptions for Your SDIRA

Do you have a self-directed retirement account?  If so, you might have heard about the term “prohibited transaction.” These are certain transactions that are not…

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Rental Real Estate in Your IRA

Investing Your IRA Savings into Rental Real Estate Investing your IRA savings into rental real estate can be a lucrative way to diversify your retirement…

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The Latest SECURE 2.0 Guidance from Treasury and...

The Department of the Treasury and the Internal Revenue Service (IRS) recently released Notice 2024-55, offering new guidance on the SECURE 2.0 Act. This notice,…

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